Date 15.09.2026
NIFTY OUTLOOK: 23398.10 FII -930.90 cr DII 1968.17 cr
(15th SEPT – 18th SEPT 2026)
As we discussed in the previous report dated 7th September 26 market behaviour remained on the expected lines during the week passed by as continued selling pressure took down the nifty upto 23231.4
Further a bearish candle appeared on the weekly chart of nifty suggest more weakness in coming days hence if nifty decisively breakdown 23269 it may slide further upto 23140 to 23010. If more supply will accentuate then it may have chances to test 22881.
Furthermore nifty oversold on daily RSI may attract bounce and past two days actions of nifty on daily chart represent diminishing of selling pressure and buyers put an efforts to take charge of nifty, if buyers will succeed to do so then nifty may rally upto 23527 to 23657. If break through above these resistances and sustain may push the nifty rally further upto 23785 to 23915.
Bank Nifty OUTLOOK:
SPOT: 56606.55 Pcr: 0.91 Max Ce OI on 57500 & Max Pe OI on 57500
On September 11, 2026, a Bank Nifty index was closed at 56606.55 (134.60) (0.24%). The total movement in the index was 946.40 during the trading session. The index made a high of 56645.85 and a low of 55699.45.
Technical view
Important support and resistance level of Bank Nifty Future are 56390 and 57355 respectively.
Intra Day support and resistance level of Bank Nifty Future are 56608 and 57134 respectively.
The Relative Strength Index (RSI) for the Nifty Bank index at 41.0. Below 30 is considered oversold and above 70 overbought.
Bank nifty Day SMA Analysis:
Bank nifty is trading above 1 out of 8 SMA’s (100 Day).
Bank nifty is trading below 7 out of 8 SMA’s (5, 10, 20, 30, 50, 150, 200 Day).
One Bullish active Candlestick Pattern was identified in bank nifty on daily chart.
- Closing Marubozu Uptrend
Important Pivot Point Levels for Today
Nifty (Spot)
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
| 23053.6 | 23142.5 | 23270.3 | 23359.2 | 23487 | 23575.9 | 23703.7 |
Bank Nifty (Spot)
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
| 55042.32 | 55370.88 | 55988.72 | 56317.28 | 56935.12 | 57263.68 | 57881.52 |
By Ashok Bhandari (RA)
SEBI Regd. No. INH00019549


Leave A Comment